The boom in new LNG plants, particularly in the US, has raised concerns among environmentalists about methane emissions, prompting claims that LNG is “worse than coal”. The EU, wary of its dependence on LNG, has introduced regulations known as the MERR with the goal of understanding and limiting methane emissions from imports into its markets. The effects of these regulations are far-reaching, posing a risk to oil and gas producers and LNG market participants across the globe.

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